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General Motors put volume heavy and directionally bearish

General Motors put volume heavy and directionally bearish

Bearish flow noted in General Motors with 28,356 puts trading, or 4x expected. Most active are 10/25 weekly 40 puts and 10/11 weekly 43 puts, with total volume in those strikes near 17,000 contracts. The Put/Call Ratio is 2.50, while ATM IV is up over 1 point on the day. Earnings are expected on October 22nd.

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